Fiscal Note

SS 1 for SB 35 — Fiscal Note/Fee Impact

Download PDF Open original ↗

Mentions of “BUILDINGS” — 5 found on pages 1, 2

… ue of the building. 3. Currently, property taxes collected from assessed agricultural, horticultural, and forest use buildings are distributed to local school districts as revenue. The real estate tax relief will result in local school revenue …

Open p.1 ↗

… lief will result in local school revenue loss statewide. 4. Kent and Sussex Counties provided a list of agricultural buildings and their assessed value as of the most recent reassessment. While counties will need to conduct further analysis to …

Open p.1 ↗

… Sussex County Subtotal $ 655,125 0721530006 Page 2 of 2 Date: March 20, 2026 5. New Castle County provided a list of buildings that could potentially be eligible for tax relief but was not able to provide a breakout of assessed value for those …

Open p.2 ↗

… ld potentially be eligible for tax relief but was not able to provide a breakout of assessed value for those specific buildings. Approximately 1,300 buildings could be assumed to be eligible based on their category or description, but there is …

Open p.2 ↗

… x relief but was not able to provide a breakout of assessed value for those specific buildings. Approximately 1,300 buildings could be assumed to be eligible based on their category or description, but there is not sufficient data to estimate …

Open p.2 ↗

Search inside this document

Referenced entities

Vendors named in this document

2 mentions Pages: 2
2 mentions Pages: 2